Lexus GS 350 Insurance Rates

The average insurance rates for a Lexus GS 350 are $1,262 a year with full coverage. Comprehensive insurance costs around $270, collision costs $466, and liability costs around $390. Liability-only coverage costs as low as $438 a year, with high-risk coverage costing $2,728 or more. 16-year-old drivers cost the most to insure at $4,708 a year or more.

Average premium for full coverage: $1,262

Policy rates for type of insurance:

Full coverage includes $500 physical damage insurance deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all U.S. states and for different GS 350 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on insurance rates. Areas with sparse population are shown to have a lower frequency of collision claims than congested cities.

The price range example below illustrates how location helps determine auto insurance rates.

The examples above demonstrate why anyone shopping for car insurance should compare prices for a specific zip code and risk profile, instead of making a decision based on rate averages.

Use the form below to get customized rates for your location.

Detailed Rate Analysis

The chart below details estimated Lexus GS 350 insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $725
• Using higher $1,000 deductibles will save about $170 annually
• The average rate for a good driver age 40 using $500 deductibles is $1,262
• Buying more expensive low deductibles for physical damage coverage will cost an extra $320 annually
• High-risk insureds with multiple tickets or accidents could pay at least $2,728 or more
• Policy cost for full coverage for a 16-year-old driver with full coverage can be $4,708 or more

View Chart as Image

Insurance rates for a Lexus GS 350 also range considerably based on your risk profile, the trim level and model year, and deductibles and policy limits.

An older driver with no violations or accidents and high deductibles may pay as low as $1,200 a year, or $100 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay as much as $4,700 a year. View Rates by Age

Your home state has a huge impact on Lexus GS 350 insurance prices. A driver around age 40 might see rates as low as $910 a year in states like New Hampshire, Ohio, and Utah, or at least $1,700 on average in Florida, Michigan, and New York.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $490 annually, while increasing your policy's liability limits will increase rates. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $351 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at least $1,500 to $2,100 additional every year, depending on your age. High-risk driver insurance can be from 45% to 133% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to find out your exact price is to compare rates from multiple companies. Each insurance company utilizes a different rate formula, and rates will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2017 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find More Affordable Lexus GS 350 Insurance

Finding cheaper rates on insurance for a Lexus GS 350 requires being a low-risk driver, having a good credit history, not filing small claims, and taking advantage of discounts. Invest time comparing rates every couple of years by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The items below are a summary of the material that was covered in the charts and tables above.

• Insureds who may need more liability coverage will pay around $430 every year to increase from a 30/60 limit to 250/500 limits
• Teen drivers are charged the highest rates, as much as $392 each month including comprehensive and collision insurance
• Drivers considered higher risk who have multiple accidents or major violations pay an average of $1,470 more every year to insure their GS 350
• Increasing comprehensive and collision deductibles can save around $500 each year